Pre-close View… 50 shades of bearish.

Bounce meets target. Will it also meet a bearish WedEX?

The bearish WedEX signal applies no earlier than Friday afternoon. And then it applies. This afternoon has only trended up, so far.

A pullback down to 2056.00 recovered the 2060.25 bias-up signal to trigger a late bias-up. Its 2066.00 bias-up target was met at the high, as the bias environment was lapsing.

And no higher. Price action since then has fallen 5 points to 2061.25.

Ending the day under the afternoon’s 2056.00 low would help to confirm the bearish WedEX is influential. That will have a lot of relevance Monday morning. For the balance of today, the most relevant result will be trending down, or not.